Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
The SkyRidge site is among two significant sites Frasers Property obtained in Australia in June as area of its landbanking efforts, with the some other being a 60ha spot in Geelong, Victoria. Together, the two sites add 3,800 units to the group’s non commercial advancement pipeline.
The proposition involves turning around specific plans put in place for FHT’s list, including the removal of minimum set lease and business guarantee responsibilities by Frasers Property. It also consists of combining complete possession of Fraser Suite Singapore, that would promote the redevelopment of the Valley Point mixed-use site.
The optimisation unlocks capital from secured assets while preserving a recurring revenue base, says the group. Frasers Property will maintain assets that have upside prospective, while non-core possessions will be held for future opportunistic divestment.
In its service improve for the very first nine months of its financial year ended June 30, the business states earnings presence is supported by Dunearn House in Singapore, that saw 56% of its 380 units marketed throughout its July start weekend, together with extra pipe from 2 Government Land Sale (GLS) sites obtained this year.
In April, a shared project in between Frasers Property and Mitsubishi Estate was granted a GLS site at Kallang Close for $610.75 million, or $1,415 psf per plot ratio (psf ppr). The developers plan to introduce the 463-unit project in 2H2027.
These involve $2.21 billion in capital reusing through its listed Reits, funding partnerships and sales to 3rd parties; ongoing retail and hospitality possession improvement efforts, and consolidating possession of the leasehold plot at The Centrepoint.
Frasers Property’s unrecognised income from residential growths stood at $1 billion since June 30, below $1.4 billion as of Sep 30, 2025.
On June 25, Frasers Property introduced strategies to optimise its reception profile, as aspect of the next stage of its hospitality approach, following the privatisation of Fraser Hospitality Trust in 2025.
In Australia, revenues presence is supported by the start of SkyRidge, a 334ha masterplanned community in Queensland, Australia. Launched in July, it consists of 2,760 land lots and a retail center.
Previous month, a Frasers Property-led consortium safeguarded a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is expected to yield about 1,280 real estate units and 242,188 sq ft of industrial place.
Along with the proposed rebuilding, the group accomplished various other campaigns to improve its portfolio for stronger long-term returns throughout the first nine months of its financial year.
The group’s web gearing stood at 93.6% as at June 30, while money and bank balances completed $2 billion.
At the same time, the group will certainly seek investor approval for the suggested spruce up of its hospitality portfolio at an astounding general meeting that will certainly be held on Aug 28.
In its commercial and logistics section, the group included concerning 68,300 sq m (735,175 sq ft) of landbank during the very first nine months of the financial year, while also providing 205,538 sq m (over 2.2 million sq ft) in growth tasks.
In Singapore, the group has around $400 million in unrecognised profits across 948 deals on hand, while Australia accounts for $500 million across 1,415 agreements. Thailand and China compose the remainder.
